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consolidated statement of profit or loss

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › consolidated statement of profit or loss

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarMikeLittle.
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  • May 21, 2017 at 1:15 pm #387251
    Avatarsukriti789
    Member
    • Topics: 17
    • Replies: 3
    • ☆

    Is the impairment of goodwill of subsidiary included in CSOPL according to parents share or the full amount.?

    and is the impairment of goodwill of associate included in CSOPL according to parents share or the full amount or not included at all.?
    I have had confusing answers in different books . please help me . !

    May 21, 2017 at 5:45 pm #387282
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    ” … or the full amount.?”

    The full amount

    “is the impairment of goodwill of associate included in CSOPL according to parents share or the full amount or not included at all.?”

    The investment in the subsidiary is the investment of only the parent so 100% of the impairment of that investment is allocated against the parent’s investment

    OK?

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